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fixinmycrediks

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  1. Hello, I went ahead and dove into the new truck (previous posts debating back and forth etc). I will sell the used truck on craigslist/hoping to come out better than the $800-$1k the dealership mentioned. I prequalified through CapOne first, $35k at 7.85%. Truck cost more so I ended up with 9.99% at PNC. CapOne would not go up the few grand which I understand. My credit scores (fico 8 ) are 624 to 636 but of course different with the versions used for auto financing. Understanding where my credit sitrep stands I was ok with the CapOne 7.85%. Updating my goal board as to when I should target refinancing the auto loan? I have over 10 inquires, only 3 offers (3rd was way higher); so lesser of the weevils (Master and Commander movie reference...lol). DCU keeps popping up in financing/refinancing successes with challenged credit in my searches. Just looking for advice on how long to wait (3-6-12 months etc), who to try at that point, pros/cons. I thought of trying DCU now since still within the week of purchase and hoping that INQ gets counted in with the other batch. Any experience out there if CapOne would be interested in 5-6 months? I believe the installment payments will give a good boost to my scores since I don't have an open installment on one credit report and the other 2 list my Santander(not due off until beginning of 2020). CapOne I have 2 credit cards (1 unsecure, 1 secure) and have done great ontime payments, one auto CLI etc within the last 6-7 months with them. I am keeping in mind another lesson on here of too many eggs in one basket; but I think they were better in the offerings above for the relationship of on-time payments/usage this year/rebuilding. Thoughts?? Thanks!!! (hope this is not a double post as I had to log back in and resubmit)
  2. WestCoastKid, I know the wisdom spoken above comes from the experienced ones; but I like you feel that want, though it feels like a need to get that unsecured card. We are in similar boat with baddies and scores (mine range from 606-628). I got my QS1 after 4 months with my Cap1Plat. Psychologically the unsecured card feels great even at the smaller limit. It was a hurdle. I know and believe what the elders are saying as they helped me way back in 2011ish. I figured I would do the CapOne Product Change when I can upgrade the card to get out of the subprime bucket to the next card up. This is how others from my readings/have moved out of the subprime a bit easier with CapOne. One question I see is--would another cc help you (getting it right now) regardless secured/unsecured for the next 1.5 years you planned out and improve your scores vs not getting another card and letting your current cards grow from gardening and then get a cc after the 1.5 years??? Since you are in with PenFed, have you talked to them to get a credit card from them since that would be a prime to grow on and keep the diversity as mentioned vs the CapOne QS1?
  3. Thanks Bradk14! I did that with a PAL (Payday Alternative Loan) from Suncoast Credit Union, so I know what you are talking about. I used that $1k and opened a secured SKY credit card. Paying that PAL down to under 30% this next month. This PAL reports as a Line Of Credit. Both of these have been reporting positive the past 6-7/months. The Saving Secured Loan, I will immediately get it to the 30% mark and then payments for the build/help. Thanks.
  4. CV91915, using your key words triggers, notifications, I came up with this link from Experian rather quickly: http://www.experian.com/assets/consumer-information/case-studies/first-financial-collection-triggers.pdf Wow...was not aware of the trigger and notifications that go out to the debt collectors based on us spending money to get the report. Probably all in the super fine print somewhere.
  5. Hello, I come across an interesting pattern or "coincidental timing" of account review inquiry by what seems to be potential debt collectors when I have done certain actions. I was reviewing my TU via backdoor and was going down the listings in the Account Review Inquires section when a date stuck out in my mind in March/2018. This was the date I officially bit the dust and started my real fight on repairing/rebuilding my credit that I have posted on my visual board on my wall. Specifically, I purchased the 3B report from myfico so I could have my official Fico-8 scores to start my journey. What I noticed this morning in the Account Review Inquiries were 3 debt collecting companies (from what I have googled on internet) that are NOT any of my baddies on my credit report. Sister companies to those that are on my credit report, I don't know??? So, there are 3 of these debt collectors (if my google search is correct) that have popped up on my TU report in this section. I then went back into my records as I save by date when I purchase a report/score etc. Yes, I have cut down on doing this, but the coincidence or timing is making me go hmmmmmm. Mar/2018----I purchased 3B report from myfico----------------------FBCS, Inc Jul/2018-----I purchased 3B report from EX---------------------------Radius Global Solutions Aug/2018----I pull 3B report from myfico-----------------------------NRA Group, LLC DBA Natio??? (first one I paid full price--others found good discounts) Common thing is "3B" and debt collector (not any of my baddies) review on each date purchased. I guess I am curious as to how these debt collecting companies are associated with the companies I pulled the report from and what the purpose is, selling my pulls as alerts to said debt collectors, something, I don't know etc...just curious of the pattern...company selling our info/pull to debt collectors to be on alert??? I think of Whychat saying to OPT out as it will help keep the creepy crawlers out. I OPTED back in to get prequal's from CAP1/Discover secured cards. Would credit freeze stop this or some sham going on, or me reading too much into this??? Thoughts please???
  6. Hey Shifter, Yes typo as scores are between 606-628(fico-8)....thanks for the catch. I should have clarified that simulators was reducing my total utilization down below the 30% to under 10% which seems to coincide with what is said on here and most write-ups targeting optimizing the credit score. I definitely get what you are saying about the bigger fish to fry as I am working on ways to crack the remaining few baddies. The Midland I can ride it out till May or early deletes. The remaining 3 are the tougher nuts/working on the angle of attacks on them. As for the rebuild of my credit, I have the pieces set up to garden now and age, increase credit limits, don't miss payments, wash rinse repeat-bloom. So if the open installment loan will help my rebuild side, this gives me another option on improving my score. As usual, I appreciate your words of wisdom!!!
  7. Hello, 1. I do not have an installment loan (just credit cards and 1 retail card). Well, I do have written off Santander vehicle loan and 2 others that show up on my credit reports as "installment loans" (Midland--Credit One cc, and NCB which bought from Santander). <---collections correctly listed on my reports? I am thinking about getting a secured saving loan like the old Alliant hack to increase my score a bit, pay it down to low utilization marks, under 30% and then under the 10% to maximize/help score. The question here is will this secured saving loan still give me a score boost with the Santander on my reports? Working on my baddies, even had a GW letter work recently. Current scores are 306-328. All my open accounts are new as of this year from under 1 month to 7 months of on time payments. 35% utilization right now. In 1 month will be under 10% utilization. I have used the simulators to give me idea of score increases, just curious about the installment loan. Thanks!!!
  8. Thank you ALL for keeping me focused and avoid the pitfalls of my brainstorm (drizzle storm-lol) I did call the Tax Collector office today and they were able to verify that TranSouth was in fact what they had in the ELT system. The Rep also told me that it was a paper title, not electronic.
  9. MarvBear, that is exactly what I need!!! I don't want false air/hope in my bubble so your info or others will keep me grounded and is much appreciated!!! I will confirm this upcoming week at a dealership exactly what is stated in the ELT system. I had looked up the information online from the Florida Department of Highway and Safety's website based on my vin# and found out they are showing the TranSouth Financial Corp info. The vehicle information check shows "paper title with lien" on Florida Dept's website. My goals- -Clearing up baddies on my credit reports -Have added 5 positive tradelines within past approx 6 months (let them grow on time payments) -In approx 8 months I can have all but the 2 baddies off my credit report(Santander and NCB) - -Just under 2 years both Santander and NCB falls off credit reports -End goal home mortgage in 2 years (sooner better if possible VA loan) I can live without the title. I would like to get it resolved. -Want title to car as above item will still come back to haunt me regarding title I can live without the title. Just trying to clear it up with a little mix of combing negotiating tactics if at all possible. So, IF Santander (by default of transition of ownership from TranSouth) has the lien in the ELT system; I am wondering the options pros/cons of opening up the re-aging process as I have indicated. I definitely understand I may not get all what I am asking for if I contact Santander. If I pay Santander the balance and get the title then I can dispute the NCB off credit report. If I call Santander (once confirming they are the lien holder in ELT) and agree to pay X, I am just wondering if I missed any other possible scenarios of the re-aging process that can impact me?
  10. Well...that was the great hope....understanding it may not be realistic. I am hoping/wondering since Santander has the title/lien that IF I contacted Santander and could make the "re-aging" into somewhat of a positive for me that I could potentially get some benefits from the situation of exposing myself to the re-aging scenario. I am thinking at a minimum, even if they don't remove all the derogatory late baddies that they would pull the account back from NCB since I would be paying them directly. Removing NCB would be a partial win for me as it would remove a negative tradeline off my credit report. Then ultimately once paid in full I would get the title from them/Santander.
  11. 2013. So I am past the Florida SOL 4 years for contract, past the 5 years of repossession, and no court order-safe from that part if I am understanding the SOL info correctly.
  12. Hello, Ok...ok don't laugh at me too hard. I know it sounds crazy but IF....I could pull this off and of course potential ramifications come into play; so let me have it to keep me focused. Scenario--- I have a Santander account at $1800 that was written off and sold to NCB. Both are not scheduled to fall off my credit reports until mid year 2020. The car, well for all argument sake, will run and has a great deal of sentimental value to me (and my daughter). Yes, I know it is a piece of metal that can be replaced. MarvBear has been helping me over in the Automotive section regarding some of the things I was working on getting beater etc. This is my oldest account (over 12 years), so helping my AAOA(correct???), as all my positive tradelines have been created just this year. So, here is where all the IF's come into play (insert some of the Keven Hart's Ok...OKKKKKay....Okkayyyy's in here now lmao). If, the Florida motor vehicle information confirming the title lien is still in Santanders name(again from other post in Automotive); and I want to get the title thus going through Santander ultimately at some point. If I wait till both Santander and NCB fall off my report, I will still want the title and will have to go through this with Santander at some point, correct to get a title? So, I am thinking "IF" I contact Santander and work this deal out---(yes I know good luck) -We agree to a dollar amount of $900.00 (total amount) -This will get NCB removed (part of the agreement-after my first payment is received) -The even bigger IF...request they re-age it and remove all the negative payments (stop laughing now) -even if they don't remove the negative payments, I will end up paying $900.00 and get the title -understanding if they make this as X-amount of payments that I agree to(thus the re-aging) help to get this as paid in full as I do want to purchase a home in the near future--next 1-2 years. -definitely getting this in writing from them I understand this re-aging will put me on the hook for up to another long 7 years of restarting the clock if I sign an agreement with them. I remember some of the situation, where I thought I owed 1 last payment and then all this interest from "no where" came out along with my decline in body/mind unable to work scenario back then...it was a hot mess. At the end of the day, if they said max amount you owe us is $1800(no further interest will accrue--flat out $1800), we will accept payments on this and update it on your credit report (I would have to have the removal of the baddies), with the REMOVAL OF NCB (after first payment or something) and then I get the title; I would do it. I am looking at, I did owe them something and I want the title. Ultimately trying to turn a re-aging into something positive on my oldest AAOA and get the NCB tradeline removed off my credit report to boot. Trying to turn the lemon to lemonade. Ok....smack me around and keep me focused please.
  13. Hey MarvBear, I was searching google on the ELT and came across the Florida Department of Highway Safety and Motors Vehicles website which allows a vehicle check by title number or vin: https://services.flhsmv.gov/MVCheckWeb/ My vin shows the lien information as TranSouth Financial Corp. I am sure you know this but google shows TranSouth bought by CitiFinancial Auto which was bought by of course Santander. I saw people having issues getting their titles because TranSouth out of business. Safe to say Santander would be the place to contact regarding the title????
  14. mk_378, I see my BMW as I imagine a 90 year old husband would see his wife; through the wrinkles of time seeing the beautiful wine adjusting, her frozen beauty is what I will always see!!! LMAO!!! Loyalty at is finest. I am that guy that has cut across Virginia going east/west from Florida to Pennsylvania just so I could take the really back, back roads up down the mountains to enjoy the twisties!!! ok ...ok..enough. Yes, worth $1800 even in her condition. I should probably just keep her for all the sentimental value. I gained some weight past few years due to chronic back issues; won't be as comfortable as I used to be driving her long distance, so this would present a problem. The thing is I would settle with Santander just to get it resolved and get the title. Would I have a chance with them since they sold the account to NCB???? Didn't want to wait till mid year/2020 to have clean credit report. Thanks for the update Marv!!! I need to just say it...I want to make her pretty again.....this BMW will be my "1967 mustang" that I pull out of my garage 25 years from now....lol...there I said it. (unless I can find a mint 2006 M3 in same color).

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